Read details of the Finance Bill 2019-20, as the government unveils an austerity budget with ambitious targets of collecting...
ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) federal government has unveiled a Rs7,022 billion austerity budget, setting ambitious tax collection targets to stabilise a faltering economy as it battles an ever-increasing fiscal deficit.
The budget sets an ambitious Rs5.5tn target for the Federal Board of Revenue—a 25% increase or Rs1.12 trillion in additional taxes from the previous year.
Read the details of the Finance Bill 2019-20 below.